Southern Empire Resources (CVE:SMP) Stock Price Up 40% – Time to Buy?

Southern Empire Resources Corp. (CVE:SMPGet Free Report) shot up 40% on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.07. 373,000 shares changed hands during trading, an increase of 676% from the average session volume of 48,078 shares. The stock had previously closed at C$0.05.

Southern Empire Resources Trading Up 40.0%

The stock has a market capitalization of C$4.83 million, a PE ratio of -0.41 and a beta of 0.94. The firm’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.03.

About Southern Empire Resources

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Southern Empire Resources Corp. engages in the acquisition, exploration, and development of metals and mineral resources in North America. It explores for gold deposits. The company was formerly known as Owl Capital Corp. and changed its name to Southern Empire Resources Corp. in March 2018. Southern Empire Resources Corp.

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